Data Analysis

Jacksonville was the only major Florida market where sales fell in July, and the fastest one to sell in

Northeast Florida closed 0.9% fewer homes than a year ago. Time to contract dropped 19.6%, the largest improvement in the state.

Duval, St. Johns, Clay and Nassau counties closed 2,287 residential sales in July, down from 2,308 a year earlier. Every other large market we cover sold more.

Half of what did sell went under contract within 37 days, down from 46. That is a 19.6% improvement, the largest of any Florida market in this release, and it leaves Jacksonville second only to Hillsborough on speed.

Fewer homes changed hands, and the ones that did moved faster than they have in years.

Sellers held their price

The combined median across the four counties was $384,495, up 1.4%. Price per square foot was $205 against $204, which is close enough to call unchanged.

Sellers received 96.8% of original list price, up from 95.5%. Only Pensacola did better. A market where volume slipped, time to contract fell nine days and sellers conceded barely three cents on the dollar is not a market under pressure. It is a market with less to sell.

Florida Realtors, publishing these counties plus Baker as the Jacksonville metro, reported 1,970 single-family closings, down 0.6%, at a median of $415,000, up 4.1%. Their condo and townhouse count went the other way: 475 closings, up 19.6%, at a median of $261,990, down 1.1%.

Year to date their single-family median is $405,000, up 2.8%, on 2.9% more closings. The July dip in volume sits inside a year that is up.

Two segments, opposite directions

The single-family and condo halves of this metro are doing different things, and the pattern is the mirror of what most of Florida reported for July.

Statewide, condo closings rose 11.0% while the condo median stayed flat, and single-family closings rose 5.1% with the median up 3.7%. In Jacksonville, condo closings rose 19.6% with the median down 1.1%, while single-family closings fell 0.6% with the median up 4.1%.

More condos are trading at slightly lower prices. Fewer houses are trading at meaningfully higher ones.

What this does not mean

A 0.9% decline in closings is not a downturn. It is twenty-one sales across four counties, and it sits inside a year-to-date figure that is positive.

A 96.8% sale-to-original-list ratio does not mean homes are selling above asking. It means listings are being priced close to what they fetch. Accurate pricing and buyer competition both produce a high ratio, and this number cannot tell you which is happening.

A metro median is not an appraisal, and no figure here values a specific property.

If you are in this market

Buying in northeast Florida means moving faster than in most of the state. Half of everything sold went under contract inside five and a half weeks, and sellers are conceding about three cents on the original dollar. Room to negotiate is narrower here than in southwest Florida, where the same figure runs to nine cents.

The condo segment is the exception. More units are trading at a slightly lower midpoint, which is the opposite of the single-family picture in the same four counties.

Selling a house here, the data supports pricing close to your number. The market is rewarding accuracy rather than punishing it.

If you own and are not selling, none of these figures describe your property.

Limitations

Our four-county figures come from the realMLS feed and are all-residential, so we cannot separate single-family from condo ourselves. That split is Florida Realtors' alone and rests on their dataset.

Their Jacksonville metro also includes Baker County, which our hub does not cover, so their closing counts and ours describe slightly different geographies and are not directly comparable. Our figures are not published as a metro total.

Jacksonville is one of seven markets where our new-construction and resale counts do not reconcile to total closings, at roughly 38% coverage, so no new-construction figure appears here.

Both sides are preliminary and move as late closings report.

Sources and links

• Florida Realtors, Statewide by Metropolitan Statistical Area, July 2026
• Data hub: /data/jacksonville/
• Tool: /tools/florida-home-affordability.html

Disclosure: Jon Brooks is a co-founder of Momentum Realty, a Florida real estate brokerage that owns and funds Florida Housing Intelligence. Momentum has a financial interest in Florida real estate transactions, including in markets named here. See our editorial standards.